TATA Groups is one of India’s most successful names. Founded by Jamsetji TATA in 1868, the company has created an undisputed legacy.
They have smoothly adapted to the contemporary world by adding wings such as TATA Sons and TATA Digital. While several other companies are ruling the Indian and global market, you might find yourself asking- What makes TATA Groups great?
The answer is simple- Their impeccable business sense paired with a quest to give back to society. Being futuristic with strong integrity values has made TATA Groups what it is today and the big basket owner as well.
Over the years, they have acquired unmatchable deals that will blow your mind.
About TATA Group
TATA Group is a global giant that has made its name significant and inspiring over all these years. Headquartered in India, they are functional in around 100 countries, which in itself deserves a standing ovation.
Their focus on creating a community that values the lifestyle of all sectors of society has always been the driving factor. No wonder they function solely with a salt-to-software mindset.
TATA Groups has been praised by pioneers in the field for entering different industries and turning them into success with their Midas touch.
TATA’s Recent Ventures
In the recent few years, TATA has conquered astonishing deals in sectors like automobile, grocery, textiles, and whatnot. While it is impossible to pin down all their ventures, here’s what you should know about all their recent acquisitions-
TATA Aviation
- Air India and Vistara merger: TATA introduced India’s first airline- TATA Airlines. This was later turned into Air India, and TATA Sons was already a complete owner of Air India, India’s flagship airline. However, TATA has been eyeing to crack a bigger deal and create a stronger foothold in the aviation world. Following this, Vistara is all set to merge with Air India. The deal came through after a joint proposal between Air India, Vistara, and SIA. The merger is expected to be complete by March 2024, which will turn TATA into India’s most successful aviation name with over 200 domestic and International aircraft.
- Air India, Airbus, and Boeing: On 14th February 2023, TATA announced what is believed to be the biggest news in the Indian aviation industry- TATA Group is set to purchase 470 aircraft from Airbus and Boeing. According to sources, the deal is worth 80 billion dollars.
TATA Digital
- BigBasket: TATA Sons purchased a majority of shares in BigBasket back in 2021 and became the owner of BigBasket, a leading online grocery store. This was considered TATA’s biggest deal to enter the E-commerce world that they have been eyeing for a long.
- Tata Digital: India’s leading online shopping brand- TATA Digital has become the epitome of fashion and lifestyle. They have moved all their shopping ventures under the TATA Digital platform to create a one-stop shopping store. The store features brands such as BigBasket, Croma, TATA Neu, etc.
TATA Communications
- Kaleyra: Kaleyra is a leading communication company that focuses on creating personalized experiences for better communication. Under a rather recent agreement, TATA has agreed to purchase Kaleyra for approximately 100 million dollars.
- Nvidia: TATA Group and Nvidia have agreed to introduce an AI solutions platform. This is being regarded as TATA’s major step into the futuristic technological domination dream.
TATA Infiniti Retail
Apple stores: Another path-breaking deal that TATA Groups has cracked is the plan to open 100 Apple stores in India. These Infiniti Retail stores will only sell Apple products.
TATA Steel
Port Talbot: TATA Steel has recently secured a grant of £500 million from the UK government to help the former implement its sustainable technological development plans on Port Talbot.
Round Up!
The number of ventures that TATA Groups are coming up with in recent times has made it hard to keep track of.
Their future looks promising with talks on Haldirams, Apple, TATA realty, and Infrastructure acquiring huge properties in pioneer locations and whatnot. They are constantly in talks to launch their super app, which will feature goods from varied industries for consumers of all social statuses.
It would be interesting to see how TATA becomes a ruler of E-commerce in the future as they have been openly purchasing stocks in leading e-commerce brands to compete with names such as Amazon.
To end, as a TATA fan, they have undoubtedly generated millions of employment, and their role in society deserves a separate discussion.
Frequently Asked Questions
What Ventures DoesTATAGroup Have?
TATA Group is India’s most successful company with widespread ventures including TATA Steel, TATA Communications, TATA Digital, TATA Infiniti Retails, TATA Realty and Infrastructure etc.
Who Owns TATA Group?
Jamshedji Tata founded the TATA Group, which is currently being run by TATA Sons.
Is TATABuying an Apple?
TATA has announced its plan to open 100 Apple stores under its Infiniti Retail. However, this does not mean that TATA is becoming the owner of Apple.
- Is Depreciation a Double-Edged Sword When Selling a Rental Property?When it comes to investing in real estate, it’s normal to come across complicated financial concepts, and depreciation is one of them. However, in rental property sales, depreciation can be a double-edged sword as it can significantly impact your taxes and profitability. One thing depreciation... The post Is Depreciation a Double-Edged Sword When Selling a […]